AGRO BUSINESS INNOVATION A/S — Credit Rating and Financial Key Figures

CVR number: 28971028
Niels Pedersens Alle 2, Foulum 8830 Tjele

Company information

Official name
AGRO BUSINESS INNOVATION A/S
Established
2005
Domicile
Foulum
Company form
Limited company
Industry

About AGRO BUSINESS INNOVATION A/S

AGRO BUSINESS INNOVATION A/S (CVR number: 28971028) is a company from VIBORG. The company recorded a gross profit of -34 kDKK in 2018. The operating profit was -34 kDKK, while net earnings were -1348.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41 %, which can be considered poor and Return on Equity (ROE) was -199.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AGRO BUSINESS INNOVATION A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit- 245.42- 138.79-33.98
EBIT- 245.42- 138.79-33.98
Net earnings-2 838.44-1 234.04-1 348.43
Shareholders equity total2 584.561 350.522.09
Balance sheet total (assets)2 803.731 811.95507.71
Net debt143.81286.97335.99
Profitability
EBIT-%
ROA-65.9 %-21.3 %-41.0 %
ROE-109.8 %-62.7 %-199.4 %
ROI-67.7 %-22.5 %-48.1 %
Economic value added (EVA)- 245.42- 201.64-54.55
Solvency
Equity ratio92.2 %74.5 %0.4 %
Gearing5.6 %21.2 %16084.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.71.90.0
Current ratio6.71.90.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-41.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.41%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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